2024 Universal Registration Document

Direction and strategy

Direction and strategy

The Group’s business model for all-round performance

OUR STRENGTHS IMPACTS, RISKS AND OPPORTUNITIES

OUR STRENGTHS
  • Partner for the long term working in the public interest
  • Long cycles with high amounts of invested capital in concessions, and short cycles withlow amounts of invested capital in energy and construction
  • Local presence, global expertise and synergy in operations
  • Decentralised management
  • 130-year history

IMPACTS, RISKS AND OPPORTUNITIES
  • Climate emergency and energy transition
  • Workplace and social expectations
  • Urbanisation
  • Mobility
  • Digitalisation
OUR STRATEGY
  Practise disciplined risk management Continue international growth Continue implementing the environmental transition plan Promote inclusive growth Seize opportunities in renewable energies Renew concession portfolio, extend its average maturity Strengthen the Group’s position in high value-added segments Reinforce our geographical spread of expertise Put priority on margins over business volume
Concessions • • • • • •      
Energy • • • • •   • • •
Construction • • • •     • • •